Polymarket and Kalshi Lead Prediction Market Dominance, Reaching $2 Billion in Trading Volume

Prediction market leaders Polymarket and Kalshi are solidifying their position as dominant players, exceeding $2 billion in weekly trading volume. This growth is fueled by increasing demand for prediction markets, driven by factors like robust transaction counts and the rise of DeFi applications. 1,062 million USD was recorded on Polymarket’s platform last week, while Kalshi followed closely at 950 million USD. The combined market volume highlights their dominance in the industry, setting a new benchmark for trading activity within this evolving sector. This shift in market power has significant implications, potentially influencing investor strategies and regulatory frameworks within the fast-growing predictive finance space.